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C2010-651 Fundamentals of Applying Maximo Asset Management Solutions V3

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C2010-651 exam Dumps Source : Fundamentals of Applying Maximo Asset Management Solutions V3

Test Code : C2010-651
Test appellation : Fundamentals of Applying Maximo Asset Management Solutions V3
Vendor appellation : IBM
: 109 actual Questions

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IBM Fundamentals of Applying Maximo

IBM launches Watson utility developer certification | killexams.com actual Questions and Pass4sure dumps

ibm-watson.jpg

IBM Watson

IBM referred to it's launching a Watson certification for builders.

The snap comes as IBM is increasingly dating developers and broadening the ecosystem for Watson and cognitive computing.

Enter the IBM Watson software Developer Certification, in an application to examine the following by the expend of an exam:

  • Fundamentals of cognitive computing;
  • Cognitive computing expend situations;
  • Fundamentals of IBM's Watson Developer Cloud;
  • And setting up cognitive functions by passage of IBM's Watson Developer Cloud.
  • The test turned into created by using a panel of 20 cognitive computing specialists in numerous industries where Watson plays -- healthcare, banking, commerce, and so on., in line with a weblog publish.

    should soundless a developer current the exam they'll breathe illustrious an IBM licensed utility Developer and regain a digital badge.

    The examination is delivered via Pearson VUE and can breathe taken at its contemplate at various centers. IBM will too offer the examination at its conferences.


    RTA certified because the first entity to observe Maximo in transportation | killexams.com actual Questions and Pass4sure dumps

     IBM has licensed Dubai’s Roads and Transport Authority, RTA, as the first entity specialised in roads and transport that applies Maximo device in transportation. RTA’s a success implementation of the device covers linear property and a considerable number of purposes for managing contracts in a lot of affiliated groups and sectors.

    talking on the occasion, Nasser Abu Shehab, CEO of RTA’s strategy and corporate Governance, spoke of, "This certificates echoes RTA’s persevered efforts to do expend of the newest know-how to elevate the pride and happiness of customers. These objectives are encapsulated in two of RTA’s Strategic goals; sensible Dubai and RTA Excellence. despite the fact, they should prolong their efforts to preserve this excessive-efficiency degree."

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    The 2017 CPE Distinguished Achievement Award Winners | killexams.com actual questions and Pass4sure dumps

    Real estate fundamentals remained robust throughout terminal year. Unemployment dropped and demand for housing, office space, retail and industrial assets increased. According to RCA Analytics, 2016 marked the third strongest year for commercial actual estate on record. The Moody’s/RCA Commercial Property price Indices measured a price expand of 9 percent over the course of the year.

    From planned projects to adaptive reuse, sales transactions to financing packages and leasing deals, the winners of the seventh annual Distinguished Achievement Awards depict the best of the best in commercial actual estate deals during 2016. The following offers details on the winning entries chosen by the judges.

    Winners of this year’s Gold and Silver awards were honored at an event Oct. 19 in New York City. wait tuned for details about the 2018 Distinguished Achievement Awards. 

    Best Design: Unbuilt 412West15_04 res412 W. 15 St., New York City

    Gold: 412 W. 15 St., New York City

    Owner: Rockhill Investment

    Developer: Rockhill Management

    Builder: Triton Construction

    Interior Designer: Centra Ruddy Architecture

    Broker and Marketing: CBRE

    Project Type: Office

    Property Size: 224,000 square feet

    The Story: The objective for this project is to merge an existing structure on 14th Street in Manhattan’s Meatpacking District with new construction on 15th Street. In order to merge the new design with the industrial and historic context of the area, a custom glass façade and three-dimensional metal panels were imported from Italy to meld with the existing historic structure on 14th Street to create a upright campus. The rooftop will breathe adapted as a landscaped terrace and outdoor conference facility, while multiple other terraces will breathe incorporated for a change of scenery while working, conducting meetings or just taking in the city views.

    The interior is customized for today’s resilient drudgery environments, with adaptable floor plates that offer many configuration possibilities for any tenant. The full-height glass exterior of the new tower combined with the terraces will create a light-filled space that takes the concept of indoor-outdoor living to the workplace. The project too incorporates another trend sweeping actual estate: environmental friendliness. Adaptive reuse is inherently environmentally friendly, as it conserves resources that would occupy been used to create a new property, but the plans for 412 W. 15th St. purchase it a step further, with blue roofs, which collect rainwater; landscaping on the roof, which serves as insulation; and an energy-efficient, low-e structurally glazed unitized glass-and-aluminum façade.

    Judges Praised: The market savviness to purchase what was initially bought to develop into a hotel, but considering the demand for resilient office space, changing the plans. The integration of musty and new buildings is a creative solution, and the design complements the area’s industrial history while soundless looking modern and leaving options for tenants to change their workspace set up as drudgery preferences evolve.

    Submitted by: Centra Ruddy Architecture

    1_2.21 resCapitol Crossing, Washington, D.C.

    Silver: Capitol Crossing, Washington, D.C.

    Owner/Investor: seat plot Holdings

    Developer: Property Group Partners

    Financier: W.R. Berkley Inc.

    Architects: Kevin Roche, John Dinkeloo & Associates; Kohn Pedersen Fox Associates; Skidmore, Owings & Merrill; and Beyer Blinder Belle

    Builder: Balfour Beatty Construction

    Broker: Cushman & Wakefield

    Property Type: Mixed-Use

    The Story: Capitol Crossing is one of the largest developments in the D.C. area, as well as one of the most ambitious. Once complete, it will create three entirely new city blocks above an vigorous highway. Capitol Crossing will consist of five new mixed-use buildings that will restore land lost to the I-395 highway. The project is expected to create thousands of jobs and $40 million per year in new tax revenue, and will bridge the gap separating the Capitol Hill and East discontinue neighborhoods.

    While it is 100 percent privately funded, the progress of Capitol Crossing is a public-private collaboration with the DC Council, the District Department of Transportation, the Washington DC Economic Partnership, the Downtown industry Improvement District, the nearby Advisory Neighborhood Commissions and other community leaders. Additional elements of the project involve the relocation and refurbishment of two devout institutions, the Holy Rosary Church and the Adas Israel Synagogue, as well as refurbishing the existing Third Street Tunnel, conducting utility upgrades along Massachusetts Avenue, and new entry and exit portals to I-395.

    Judges Praised:  The complexity of structure over a highway and the collaboration with mayors and public institutions though it was privately funded.

    Submitted by: Property Group Partners

    Best Design Hotel_Phillips_Iconic_Lobby_Hotel_Phillips_Photo_Credit resHotel Phillips Kansas City, Kansas City, Mo.

    Silver: Hotel Phillips Kansas City, Kansas City, Mo.

    Owner/Investor/Developer: Arbor Lodging Partners

    Financier: Pine River Capital Management

    Builders: Blinderman Construction, Hotel Rehabs

    Interior Designer: Kraig Kalashian Architecture & Design

    Broker/Sales/Leasing: Jameson & Co.

    Project Type: Hotel

    Property Size: 174,800 square feet

    The Story: Listed on the National Registry of Historic Places, the property has a well-known presence in the community, and renovating it involved a careful preservation. The team’s goal was to respect and maintain the original 1930s art deco details while upgrading technology and amenities. Elements enjoy bronze and nickel metalwork, walnut paneling, light fixtures and black glass ceilings were every solitary preserved, while many of the new materials were custom-made to support the tone of the hotel’s tradition alive. Most of the changes served to return Hotel Phillips to its original state. For example, a staircase in the foyer was removed in order to rebuild the travertine floor seen in photos of the property from the 1930s. Walnut paneling in the lobby was restored, while the lobby ceiling and the Crystal Ballroom were touched up to regain their former glory.

    Two businesses were added to the hotel during its construction phase, which ended in December 2016. Kilo Charlie Coffee Bar and P.S. Speakeasy were built in portions of the hotel that were previously unused or used for storage space. The Speakeasy concept takes edge of the hotel’s historic past and offers a nightlife suffer for guests in an locality known mostly for its corporate and pecuniary establishments. Arbor Lodging Partners knows that most attractions are located in the Country Club Plaza sector, but managed to transform the Phillips Hotel into a destination by restoring its historic feel and inserting modern elements.

    Judges Praised: genuine design that preserved the 1930s character of the building, wrought-iron details in the lobby and on the cast-iron stairs, and expend of state and federal tax credits for an elegant downtown property.

    Submitted by: Arbor Lodging Partners

    Best Development Lobby resNEXT Apartments, Chicago

    Silver: NEXT Apartments, Chicago

    Owner/Investor/Developer: Fifield Cos.

    Financiers: The Private Bank, Ullico, Citizens Bank, Related, Bridge Investment Partners and Polaris

    Architects and Interior Design: Pappageorge Haymes Partners, Soucie Horner Ltd., CORT Furniture, Brook Furniture and Modani Furniture

    Builder: McHugh Construction

    Broker: Greystar

    Property Type: Multifamily

    The Story: Valued at $155 million, construction of NEXT Apartments brought extravagance living to an locality formerly known for the Cabrini Green housing projects. The site is located between the River North and Cabrini Green neighborhoods, and was underutilized when the company committed to buying the site in 2013. Now, the locality is an emerging tech corridor, well-liked with Millennials and professionals looking for a community in the urban core. Amenities are a astronomical Part of the NEXT suffer and involve an outdoor pool, spa and sun terrace with cabanas, a fire pit and a grilling area. The property too offers a 24-hour fitness seat and yoga studio, a media room with an oversize TV and gird sound, a full Starbucks coffee bar, a gaming arcade, a industry seat and conference room, and a bicycle storage and repair space. Home to Daisy “the house dog,” a friendly Newfoundland that spends her days in the lobby playing with guests and residents and even accompanying prospects on apartment tours, the community sponsors pet-friendly events.

    The structure is located two blocks from CTA’s Brown/Purple Line and a short walk from the Chicago Red Line station, offering convenient transportation to the Loop as well as Midway and O’Hare International airports. With a walkability score of 95 out of 100, it is accessible to nearby retail stores, parks and a Divvy bike sharing station by foot. Aside from its transit-oriented green features, the structure has green terraces, a green roof, energy-efficient windows, low-flow plumbing fixtures, low-VOC paint, LED light fixtures, Energy Star appliances and NEST Thermostats.

    Construction was completed three months early, with NEXT Apartments ready for opening in September 2016. Fifield too donated $500,000 to Interfaith Housing progress Corp. for construction of long-term affordable housing for the low-income population living near the building.

    Judges Praised: expend of the challenging EB-5 financing and the dog as Part of a creative marketing strategy.

    Submitted by: Fifield Cos.

    The-Scott---Final---Community-Space-4 resThe Scott at flick Park, Detroit

    Silver: The Scott at flick Park, Detroit

    Owner/Investor: Broder & Sachse actual Estate

    Developers: Broder & Sachse actual Estate, Woodborn Partners

    Financiers: Fifth/Third Bank, Detroit Neighborhoods Fund (Capital repercussion Partners and J.P. Morgan Chase & Co.), Detroit Investment Fund, Invest Detroit Fund (Chase), Michigan Economic progress Corp.

    Architect: Neumann/Smith Architecture

    Builder: Sachse Construction

    Broker: Broder & Sachse

    Property Type: Multifamily

    The Story: The Scott at flick Park is the first project of its kindly in Detroit in more than 15 years. As the only extravagance apartment property in the Midtown area, The Scott employs a lifestyle curator, who works on-site to attend to residents’ needs and establish relationships between the property and local businesses. The community incorporates unique art installations by local artists, some of which rotate quarterly. On the ground floor, 15,000 square feet of retail houses boutique shops, a dermatology office and a bakery.

    Amenities at The Scott involve a lobby art gallery, a private library/reading room, a conference room, a 24-hour health and fitness center, indoor and outdoor community spaces with grills and a fireplace, a pet grooming station, a bike storage and repair space, play areas, a dog park, an outdoor swimming pool and sundeck, a spa pool with snow-melting surrounds for year-round expend and a rooftop terrace.

    Architect Neumann/Smith created a U-shaped structure design to optimize east, south and west sun exposures for low angles and passive solar heat gain in winter. To mitigate summer heat gain, balconies built over most of the great windows act as sun shades. The roof terrace on the second flush incorporates strategically placed plants for aesthetic upshot as well as privacy. This includes a partially vegetated panel of artificial turf that provides year-round greenery as well as an aluminum pergola for shade.

    Judges Praised: Well-positioned asset in downtown Detroit that came in under budget, usage of green roof and concealed parking.

    Submitted by: Broder & Sachse actual Estate

    Best Repositioning/Redevelopment Plan 20161108NewarkProperty-7652 resHahne, Newark, N.J.

    Gold: Hahne, Newark, N.J.

    Owners: L+M progress Partners, Prudential Financial, The Goldman Sachs Group

    Developer: L+M progress Partners

    Architects: Beyer Blinder Belle, Inglese Architecture + Engineering

    Property Type: Mixed-Use

    The Story: In 1901, architect Goldwin Starrett and prominent local businessman Julius Hahne constructed the first commercial property in Newark, N.J., designed specifically as a department store. The historic Hahne & Co. store was sold to May Department Stores Co. in 1987 and closed shortly thereafter, remaining vacant for nearly three decades before L+M progress Partners and Prudential pecuniary acquired it in 2013. Completed in 2016, the $175 million mixed-use progress has 160 residential units; 75,000 square feet of retail; 100,000 square feet of commercial, community or office uses; and an underground parking garage for 220 vehicles. Of the apartments, 64 are set aside for low-income and working families earning between 40 and 60 percent of the locality median income. The apartments are located on the third and fourth floors of the existing Hahne structure and a new nine-story residential building. The two structures are connected through a shared lobby and a public atrium. The new residences offer open floor plans, elevated ceilings, solid wood flooring throughout and a washer and dryer in every unit.

    The most novel constituent of the project is Express Newark, an arts space envisioned by the Rutgers-Newark faculty, staff and students, along with community art leaders. The 50,000-square-foot space features learning spaces, including a 3D printing studio, a photographic portrait studio, video production teaching facilities, smart classrooms and galleries. The space will too serve as the new home for Rutgers’ Department of Arts, Culture and Media. The project is too home to Newark’s first whole Foods Market and a Barnes & Noble College store.

    The complexity of the mixed-use progress was only complicated by its historic status, which usually increases spending. By using the existing structure, costs associated with ground-up construction were avoided. The project used several tax credit programs from public, non-profit and private groups including significant commitments from the New Jersey Housing and Mortgage Finance Agency and the New Jersey Economic progress Authority. L+M Development, Prudential and Goldman Sachs provided equity capital, while debt was provided by Citi Community Capital, Morgan Stanley and non-profits New Jersey Community Capital, the Low-Income Investment Fund and the Reinvestment Fund. 

    Judges Praised: Taking an older structure that has been abandoned for 30 years and introducing whole Foods to the city, helping the community by providing affordable housing and creating diversity. every solitary this while preserving the building’s history, which takes skill and effort. 

    Submitted by: L + M progress Partners

    Wheaton  seat - Tower after resWheaton Center, Wheaton, Ill.

    Silver: Wheaton Center, Wheaton, Ill.

    Ownership: Wheaton Apartments Owner LLC

    Developer: Draper and Kramer Inc.

    Interior Design: Eleni Interiors

    Property Type: Multifamily

    The Story: Wheaton seat is a highly visible property in this Chicago suburb, thanks to its two 20-story towers that occupy been the tallest in Wheaton since 1972. In recent years, the property had been falling into disrepair despite its downtown location and proximity to the Wheaton Metra train station. Draper and Kramer seized the chance to acquire the walkable and transit-oriented property, even if it needed significant improvements. The company started renovations in 2014 and took two years to add the features and amenities that would draw in those looking for extravagance living outside the city.

    The nearly $40 million renovation, which was completed in 2016, featured three main components: modernizing the units, remodeling common areas and amenities, and addressing deferred maintenance. Renovations to meet current market standards included upgrading 157 units that had 1970s finishes. This included new cabinetry, granite countertops, stainless steel appliances, new flooring and new paint. In-unit washers and dryers were added to 342 apartments, and community amenities now involve a fitness center, an outdoor pool and sundeck, tennis courts, a clubroom with an outdoor terrace, lobbies, leasing and management offices, and a dog park. The repositioning has already boosted the property’s performance through higher rents and increased occupancy.

    Judges Praised: The developer’s ability to complete a significant lobby renovation while keeping 120 families in place.

    Submitted by: Draper and Kramer

    Best Property Management Program WinerySquare3 resPhillips, Edison & Co.’s Solar Program, Fairfield, Calif.

    Gold: Phillips, Edison & Co.’s Solar Program, Fairfield, Calif.

    Property Management Company: Phillips Edison & Co.

    Property Owner: Winery Station

    Executive Managing the Property: Eric Richter, senior vice president of property management at Phillips Edison

    Property Type: Retail

    The Story: Phillips Edison & Co., an owner and manager of more than 340 grocery-anchored shopping centers, executed an agreement in 2016 with Blue Sky Utility that would expand energy efficiency at Winery Shopping seat in Fairfield, Calif., while too saving on energy bills for tenants and ownership. As per the agreement, Blue Sky Utility replaced 70,000 square feet of the property’s roof with a roof membrane and solar panels; it will maintain the roof for 20 years. In return, Blue Sky can sell the power generated from the solar panels. With its new maintenance-free solar roof, Phillips Edison and its tenants can purchase power from Blue Sky at a discounted rate.

    While new roofs can cost as much as $500,000 and their maintenance can breathe one of the biggest property expenses, Phillips Edison saves time and money on repairs and installation through its agreement with Blue Sky. The partnership led Phillips Edison to arrangement implementation of the solar program across every solitary of its California properties during the next two to three years.

    Submitted by: Phillips Edison & Co.

    Grand_Plaza_Resident_Event_2 resGrand Plaza, Chicago

    Silver: imposing Plaza, Chicago

    Property Management Company: Draper and Kramer Inc.

    Property Owner: imposing Plaza Owner LLC

    Executives Managing the Property: Property Manager William Van Senus and Regional Property Manager Sandi Kowalczyk

    Property Type: Multifamily

    The Story: Residents at Chicago’s 481-unit imposing Plaza are mostly transplants to Chicago, and Draper and Kramer responded to this by creating a community and support system to assist them regain to know their new home. Some of the initiatives involve partnering with restaurants for pop-up food and drink events at the property, creating electronic communication platforms between residents and management, distributing monthly e-newsletters highlighting notable places in the neighborhood, and offering pet events.

    Since the property implemented these sociable initiatives, 68 percent of residents chose to post a review in 2016, compared to 53 percent in 2015. And the property’s score on ApartmentRatings.com measured 89 percent in 2016, up from 85 percent in 2015.

    Judges Praised: The ability to manage two towers, one condo and one residential, and occupy them partake amenities. The residential component had engineering issues that were resolved.

    Submitted by: Draper and Kramer Inc.

    Best Lease 222_E_41st_St_Ext_final2295_1a res222 E. 41 St., New York City

    Gold: 222 E. 41 St., New York City

    Landlord: Columbia Property Trust

    Tenant: NYU Langone Medical Center

    Landlord’s Broker: CBRE

    Tenant’s Broker: Cushman & Wakefield

    Property Type: Office

    Lease Size: 389,533 square feet

    The Story: Columbia Property reliance acquired 222 E. 41st St. in Midtown Manhattan in 2007, when it was fully leased to Jones Day. The company had been a tenant since Tishman Speyer developed the structure in 2001 and carried the lease through 2016, signification that CBRE had to market the asset as if it were brand new. Interested in its medical potential, access to transportation and location—in the immediate imposing Central Station area—NYU Langone emerged as a potential tenant. To regain the structure ready for medical use, Columbia relocated the two intended operating floors in order to meet ceiling-height requirements. Also, the structure has a 180-year ground lease with the Stahl Estate, which proved to breathe an obstacle, as more modifications were needed to suit Langone. Columbia then had to conduct negotiations while too working on approvals required by Langone’s finance committee and board of directors.

    In late 2015, Langone submitted an initial term sheet to lease the entire building, and NYU, as Langone’s parent organization, was secured as the entity on the lease. In April 2016, NYU Langone executed a 30-year term lease for the entire building, including the parking garage.

    Judges Praised: The natural expansion of NYU, which uses space on nearby 39th Street, within walking distance of the hospital.

    Submitted by: Columbia Property Trust

    BigRed_151NFranklin res151 N. Franklin St., Chicago

    Silver: 151 N. Franklin St., Chicago

    Landlord: The John Buck Co. and Affiliates

    Tenants: CNA, Hinshaw & Culbertson

    Landlord’s Broker: Newmark Knight Frank

    Tenants’ Brokers: Savills Studley, JLL and CBRE

    Project Type: Office

    Lease Size: 275,000 square feet (CNA) and 101,000 square feet (Hinshaw & Culbertson)

    The Story: The tangled multi-transaction deal that led to CNA signing a 275,000-square-foot, 17-year anchor tenant lease at The John Buck Co.’s new office structure is valued at $683 million. The transaction comprised deals including Hinshaw & Culberton’s 101,000-square-foot lease, CNA’s lease at 151 N. Franklin St. (the fourth-largest office lease in Chicago between July 1, 2015, and June 30, 2016), CNA’s requirement that JBC acquires its existing 1.1 million-square-foot headquarters and CNA’s 28-month leaseback for 759,000 square feet—required since it did not occupy a lease in place.

    This mega-deal was orchestrated by collaboration among several broker teams: Bill Rolander and Jon Cordell of Newmark Knight Frank, Greg Gerber and Scott Merz of JLL, and Eric Feinberg of Savills Studley. With three concurrent negotiated documents and the deal blending leasing, investment sales and development, the brokerage team had to drudgery with five different law firms, two lenders, two borrowers and several different architects. The firm’s persistent drudgery resulted in a 98-day closing.

    Judges Praised: The challenge of leasing as much as 40 percent of a new structure and negotiating with multiple people within a 90-day closing time on a tangled sale-leaseback deal.

    Submitted by: Newmark Knight Frank

    Best Financing photo_Veritas_Ivanhoe_Cambridge_1320-80_Lombard_Jan_2015$815 Million San Francisco Portfolio

    Gold: $815 Million San Francisco Portfolio

    Landlord: Veritas Investments

    Type of Financing: Refinancing Loan

    Transaction Size: $815 million

    Financier: Goldman Sachs

    Adviser: Eastdil Secured

    Lead Law Firm: Lubin Olson & Niewiadomski

    Project Type: Multifamily/Mixed-Use/Retail

    Properties: Roughly 70

    The Story: When it closed in January 2016, this was the largest transaction of its kindly on record in the city of San Francisco. CEO Yat-Pang Au employs a small-property aggregation strategy that made Veritas one of the city’s largest landlords. Veritas’ approach is to acquire 20- to 100-unit older, classic properties that are too tiny for great investors; apply its management, repositioning, renovation and leasing services; and then package a portfolio for sale, targeting institutional investors.

    The record-breaking transaction had its challenges. With the official deal closing in January 2016, Veritas faced a major credibility decline in the pecuniary markets. The company’s investment bankers at Goldman Sachs worked against Wall Street headwinds that Bloomberg called the “worst since 2009.” In the following months, Goldman Sachs doubled down on its networking and marketing efforts to ensure a successful securitization.

    Judges Praised: The aggregation strategy as a creative passage to do a return on investment by selling portfolios to institutional investors, which occupy had so few institutional holdings in San Francisco in prior years.

    Submitted by: Veritas Investments

    Best Sale CPE_2017_Distinguished_Sales_Single_101_Seaport_NGKF_Photo res101 Seaport, Boston

    Gold: 101 Seaport, Boston

    Buyer: Union Investment actual Estate

    Seller: Skanska

    Price: $452 million

    Representative: Newmark Knight candid for Skanska

    Property Type: Office

    The Story: At $1,029 per square foot, this deal represents one of the highest price-per-square-foot values achieved for a Boston office tower. Newmark Knight candid served as leasing agent for both the buyer and seller. The 17-story office tower has a two-level below-grade parking garage completed in 2015 and can accommodate one person per every 100 usable square feet. 101 Seaport is the first LEED Platinum v3 office structure in Boston, thanks to its floor-to-ceiling windows, efficient European-model chilled-beam cooling system, rainwater recapture system and integration of locally sourced materials.

    On-site amenities involve a fifth-floor rooftop terrace with Boston Harbor views, a fitness seat with locker rooms and showers, 20,000 square feet of ground-floor retail, a parking garage, a car wash, bicycle storage, an electric vehicle charging station and front-door access to five expansive public green spaces.

    Judges Praised: Prime Seaport location, creative design and potential for long-term sustainability.

    Submitted by: Newmark Knight Frank

    The_Breakers_Resort resThe Breakers Resort, Denver

    Silver: The Breakers Resort, Denver

    Buyers: Pensam Residential, BH Equities, Wafra Capital Partners Inc.

    Sellers: Koelbel and Co., The Bascom Group

    Price: $350 million

    Representative: ARA Newmark for the Sellers

    Property Type: Multifamily

    The Story: By the numbers, this sale was one of the largest multifamily transactions in the history of Colorado as well as the largest U.S. multifamily transaction outside Manhattan in 2016. The property consists of six villages and 1,523 units on 190 acres, making it the largest physical asset in the state. The community has its own privately owned 60-acre lake with a 26,000-square-foot Catamaran Club, recreation center, restaurant and bar. Capital improvements were implemented for $4 million, including the common areas, pool, lake and clubhouses.

    The deal’s impetus was actually during the 1970s, when original developer Koelbel and Co. began acquiring land to construct condominiums. Then the oil and gas crash of the 1980s disrupted the market, and thousands of condos were foreclosed upon. After the crash, Koelbel changed its strategy, and once it create a colleague in the Feld Co., plans were drawn up for The Breakers. Though new to the market, the size of the asset provided the buyer with the ability to gain economies of scale right away.

    Judges Praised: The estimable price point and low cap rate for a massive complex.

    Submitted by: ARA Newmark


    IBM Adds Asset Optimization Capabilities With Oniqua Buyout | killexams.com actual questions and Pass4sure dumps

    No result found, try new keyword!Oniqua provides Internet of Things ("IoT") based maintenance, repair and operations ("MRO") inventory optimization solutions ... for Enterprise Asset Management Software" report where it redeem IBM in ...

    Riva Modeling Systems and Vesta colleague to Deliver Long-Term Asset Planning Solutions | killexams.com actual questions and Pass4sure dumps

    7330

    By CIOReview | Monday, July 20, 2015

    TORONTO, ON: Riva Modeling, a provider of software applications for long-term asset management, and Vesta, the Asset Management consulting difficult enters a partnership to deliver comprehensive long-term asset planning solutions to asset intensive organizations across the world.

    The alliance envisions revamping the businesses approach towards asset management by addressing key challenges faced by the industry. To achieve the desired results, the partnership combines Vesta’s expertise with the computing power of RivaAMP application and SAP Project Portfolio Management.

    “Vesta not only understands the SAP products within the asset management space, but deeply understands the fundamentals and best practices in this censorious area,” states Rob Corazzola, Vice President Global Sales, Riva Modeling Systems.

    In accordance with the SAP platform, Vesta will serve as a global reseller of Riva, develop and implement the Riva suite of applications. Power, gas, electric, water, public sector, transportation and rail are industries listed to profit from the solution extended through the partnership.

    “By partnering with Riva Modeling, they are able to expend the Riva solution with SAP PPM to assist clients address growing requirements for a long-term asset planning process that integrates the asset register, asset health and the project portfolio,” says Len Harms, Chief Strategy Officer, Vesta Partners.



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